Demonetization's Effects: A Study Focused on the Ambala District HARISH KUMAR

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HARISH KUMAR

Abstract

Demonetization is the procedure of eliminating a monetary unit's lawful tender position. Each
occasion the monetary system is modified, demonetization is required. A new currency unit must
be introduced to replace the previous one. 200 participants were randomly chosen for samples
from the Haryana district of Ambala. Four factors—gender, age, annual income, and
occupation—have been found to significantly correlate with the effects of devaluation.
Demonetization's role in destroying black money came in first place among respondents'
rankings, which were then followed by the elimination of social evils including terrorism and
corruption.

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How to Cite
HARISH KUMAR. (2023). Demonetization’s Effects: A Study Focused on the Ambala District HARISH KUMAR. Turkish Journal of Computer and Mathematics Education (TURCOMAT), 9(1), 445–453. https://doi.org/10.17762/turcomat.v9i1.13763
Section
Research Articles